Tuesday, November 30, 2021
News

African Development Bank approves $135 mn loan to help Morocco's recovery

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Rabat | Thursday, 2021 8:45:06 PM IST
The African Development Bank (AfDB) has approved for Morocco a loan of $135 million to stimulate recovery in the post-Covid 19 era, the official news agency MAP reported.

The Board of Directors of the AfDB Group approved the loan to help the North African country by implementing financial inclusion, entrepreneurship, and support programme for small and medium-sized enterprises, the report published on Wednesday said.

Additionally, the loan will also enable companies in financial difficulty to resume their activities and safeguard jobs, Xinhua news agency reported.

--IANS int/sks/bg

( 101 Words)

2021-11-25-14:42:03 (IANS)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Beyond MBBS: Here are some ideas from Te...
Gurugram: 46 commercial outlets sealed f...
Over dozen unicorns to participate in Vi...
RBI imposes Rs 1 crore penalty on Union ...
Bharti Axa Life settles Rs 106 Cr as Cov...
'Immunotherapy' to treat Autism Spectrum...
More...
 
INDIA WORLD ASIA
PM Modi calls for constructive, producti...
Pradhan Mantri Garib Kalyan Yojana exten...
Parliament winter session: PM Modi holds...
PM Modi urges people to stay alert in vi...
Winter session: Sonia, Rahul Gandhi part...
Govt ready to answer all questions in Pa...
More...    
 
 Top Stories
Sanjay Dutt expresses gratitude for... 
Amid Omicron concern, China to ship... 
Misconceived doubts, motivated prop... 
Wasn't expecting this type of pitch... 
MPs are suspended as their heights ... 
MSP procurement has doubled in comp... 
Tom Holland to return for another '... 
Poet-diplomat Abhay K to be guest e...